New Delhi, March 17 (IANS) IT stocks came under selling pressure on Tuesday, emerging as the top dragger among sectoral indices amid rising concerns over the impact of generative artificial intelligence on traditional revenue streams.The Nifty IT index declined as much as 2.59 per cent to 28,288, hitting an intra-day low, with all constituents of the index falling by up to around 7 per cent.Meanwhile, the Nifty traded with high volatility, while weakness was also seen in PSU Bank and FMCG indice…
Latest PSU Bank News & Updates
Mumbai, March 6 (IANS) The Indian equity markets saw sharp losses on Friday, amid the ongoing US–Israel and Iran war which entered seventh day.At the closing bell, Sensex declined 1,097 points, or 1.37 per cent to settle at 78,918. Nifty dipped 315 points, or 1.27 per cent, to close at 24,450. Nifty bank experienced tremendous pressure tanking 2.15 per cent to settle at 57,783.The broader markets performed in line with the benchmark indices, as Nifty Midcap 100 index lost 0.63 per cent, while …
Mumbai, March 3 (IANS) The Bombay Stock Exchange and the National Stock Exchange will remain closed on Tuesday on account of the Holi festival.Trading in equities, equity derivatives, securities lending and borrowing and interest rate derivatives will be suspended for the day, exchanges said on Tuesday. Commodity derivatives will be closed in the morning and open for the evening session.On Monday, Sensex lost 1,048 points, or 1.29 per cent, to reach 80,238 and Nifty dropped 312 points, or 1.24 p…
Mumbai, Feb 20 (IANS) The Indian equity benchmarks posted strong gains on Friday, led by gains in metals and PSU bank stocks.At the closing bell, Sensex gained 316 points, or 0.38 per cent to settle at 82,814. Nifty added 116 points, or 0.46 per cent, to close at 25,571.Nifty Midcap 100 index performed in line with the benchmark as it gained 0.48 per cent, while the NSE Smallcap 100 declined 0.11 per cent. Nifty Next50 surged 0.62 per cent.Sectoral indices traded mostly in the green except Nifty…
Mumbai, Feb 20 (IANS) The Indian equity markets opened the last trading session of the week in red on Friday, extending sharp losses seen the previous day.As of 9.26 a.m., Sensex lost 154 points, or 0.19 per cent, to reach 82,343, and Nifty dipped 31 points, or 0.12 per cent, to settle at 25,423.Main broad-cap indices moved in opposite directions as the Nifty Midcap 100 lost 0.13 per cent, while the Nifty Smallcap 100 gained 0.13 per cent.Sectoral indices traded mostly in the green except Nifty …
Mumbai, Feb 18 (IANS) The Indian equity benchmarks made considerable gains on Wednesday, even as selling of information technology stocks continued weighing on investor sentiments.The strength in banking, metal, and FMCG stocks helped counterbalance sharp selling in the IT sector.At the closing bell, Sensex gained 283 points, or 0.34 per cent to settle at 83,734. Nifty added 93 points, or 0.37 per cent, to close at 25,819.The broader markets performed in line with benchmark indices, as Nifty Mid…
Mumbai, Feb 17 (IANS) The Indian equity markets traded lower on Tuesday amid volatility from Nifty weekly expiry session and weakness in metal stocks.As of 9.30 am, Sensex lost 232 points, or 0.28 per cent, to reach 83,044, and Nifty dipped 92 points, or 0.36 per cent, to settle at 25,590.Main broad-cap indices performed in line with the benchmark indices, as the Nifty Midcap 100 declined 0.28 per cent, and the Nifty Smallcap 100 dipped 0.05 per cent.All major sectoral indices traded in the red …
Mumbai, Feb 11 (IANS) The Indian equity markets traded flat on Wednesday, breaking a streak of three consecutive gains, as investors traded with caution ahead of the CPI data.At the closing bell, the Sensex lost 40 points, or 0.05 per cent to settle at 84,233. The Nifty surged 18 points, or 0.07 per cent, to close at 25,953.The broader markets performed in line with benchmark indices, as Nifty Midcap 100 index added 0.03 per cent, while the NSE Smallcap 100 edged up 0.02 per cent.Market breadth …
Mumbai, Feb 9 (IANS) The Indian equity markets opened the week with gains on Monday amid more clarity on the India-US interim trade framework and improvements in domestic fundamentals and easing of geopolitical uncertainties.As of 9.25 am, Sensex added 370 points, or 0.44 per cent, to reach 83,950, and Nifty gained 117 points, or 0.46 per cent to settle at 25,811.Main broad-cap indices posted strong gains, as the Nifty Midcap 100 added 0.66 per cent, and the Nifty Smallcap 100 edged up 0.85 per …
Mumbai, Jan 29 (IANS) The Indian equity markets traded lower early on Thursday, tracking mixed global cues and weakness in IT stocks.As of 9.30 am, Sensex eased 347 points, or 0.42 per cent, to reach 81,997, and Nifty lost 81 points, or 0.32 per cent at 25,260.The rupee declined past the key 92 a dollar barrier in early trade, eclipsing its previous all-time low of 91.9650 last week.Main broad-cap indices showed divergence with benchmark indices, as the Nifty Midcap 100 gained 0.21 per cent, and…